The Catskill Chronicle

NEW YORK STATE (March 21, 2013) – More than 1 million middle-class families across New York State will benefit from a child tax credit that will be enacted as part of the 2013-2014 Budget, the state Division of Budget announced today.

As part of the agreement reached by the Governor, the Senate, and the Assembly, families with incomes between $40,000 and $300,000 will be eligible to receive a new child tax credit of $350 per-year for three years. The credit, which will be delivered as a check, will begin in 2014.

The chart below details how many families in each area region benefit from the child tax credit.

Region/County           Savings             Families

Delaware                  $900,000            2497

Dutchess              $7,000,000          20111

Orange                  $8,400,000          23909

Sullivan                 $1,400,000            3920

Ulster                    $3,800,000          10839

Statewide         $375,000,000    1,071,429